How Did Margaret Thatcher Reorient British Economic Policy Upon Becoming

question 2

Multiple Choice

How did Margaret Thatcher reorient British economic policy upon becoming prime minister?

• A)She increased government subsidies for coal mining.
• B)She nationalized the British rail system.
• C)She cut government spending and reduced taxes.
• D)She created measures focused on reducing inequality.
• E)She created new health and education measures to increase employment.

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Definitions:

Controlling Operations

This refers to the process of monitoring, managing, and adjusting a company's or organization's operations to meet set goals and objectives.

Nonoperating Assets

Nonoperating assets are assets that are not essential to the primary business operations and may include investments, unused land, or other assets held for future use.

Operating Assets

Assets used by a business in its day-to-day operations to generate revenue, such as machinery, buildings, and inventory.

Return On Investment

A measure used to evaluate the efficiency of an investment or compare the efficiencies of several different investments, calculated as net profit divided by the cost of the investment.